winningstreak
15 Jan 2018
Re: Take over Bid ?-Castleford your view A mix of old blood and some new blood would do no harm.ws
coldascheese
15 Jan 2018
Re: Take over Bid ?-Castleford your view Winning streak. I would point out that as well as the main board directors they have 4 divisional directors, thats maybe a bit on the heavy side,time for a shake up and let some new blood in.See their website.
CASTLEFORD TIGER
15 Jan 2018
Re: Take over Bid ?-Castleford your view The board own a fair chunk of shares. That's good but also puts us in a weaker position if we are sold by them.Its always been a worry that we are sold before we get to a fair point in the cycle.With the investments made and the orders in the pipeline we should be getting close to 3 million in the next 2 years.So if a predator comes to take this to a bigger group what price would they pay?As a buyer I want to give 6/10 times but I feel we should attract 12/15 times.The shares are backed by real assets over 10 million so about 50% of the market cap.If we were to be sold this year based on profits of 2m and 12x earnings plus assets I get us to 35m or about 320p a share.As you know I am in DART and asked MEESON who owns 38% what his exit route was as he is knocking on a bit. He was far from happy. ( however he did pay for lunch later)So the BOD may want to grow this further.The one thing I am pretty sure about is that the shares look undervalued and there is a fast buck to be made here.We are still below the peak of 200p so a move there would be the least I expect.tiger
winningstreak
15 Jan 2018
Re: Take over Bid ?-Castleford your view As for the age of the directors, I have to say that I prefer cautious experiencedmature directors over young chancers.WS
coldascheese
14 Jan 2018
Take over Bid ?-Castleford your view Castleford you are the expert here, with 4 of the 5 directors over 65 and at least one 73 and a large shareholder it seems to me that there is a very good chance of takeover coming for the company as these guys will want to retire with some cash soon.IF the update, due shortly, provides the expected continuing good news and gives the boost to the shareprice I think it will This could be on the cards shortly this year. Whats your view?
CASTLEFORD TIGER
12 Jan 2018
Re: good buying day back up that 12p they lost for no reason.pleased I bought them.tiger
CASTLEFORD TIGER
08 Jan 2018
good buying day picked up 3 more lots. can only deal in small amounts.tiger
coldascheese
06 Jan 2018
Results soon-worth a punt Comments from last update"LPA Group Plc, the LED lighting and electro-mechanical system manufacturer and distributor, is pleased to provide the following trading update for the financial year ended 30th September 2017.Further to the Chairman's Statement issued with the interim results on 26 June 2017 which confirmed that the Group had established itself on a new trading level, output during the second half was at record levels and, given the volume of deliverable orders on hand, this is likely to be sustained during the new financial year. Margins, which had been depressed by an unfavourable product mix in the first half, responded well to higher volumes and manufacturing efficiencies have improved significantly. Expectations for the year just closed anticipated significant progress and the Board believes it has delivered on this.The new lighting facility in Yorkshire and the electro-mechanical facility in Saffron Walden, both achieved record levels of output, challenging the increased capacity recently created and further investment in plant and equipment is planned. The UK market has been buoyant, looks well set for the future and is well supported by export opportunities in Europe, Asia and Australia. The Group remains very confident of further progress in the current year."Share price since then has hardly moved so I am anticipating that the market will be surprised when results come out around 21 January.Also, this announcement was very bullish from a company that normaly is very modest in its oulook so better than expected results could well be in the offing which could lead to a rerating..
coldascheese
28 Dec 2017
Results soon should be good-LPA on a roll Results due out shortly from LPA which should be v good and I expect that the business is continuing on its growth path, currently share price is too low and does not reflect value.Price has dropped from high at beginning of year however I expect it to al least reach 200p on results. Not long to wait
winningstreak
21 Dec 2017
Re: Undervalued? Well, market won't stay wrong forever, meantime nice and cheap.ws
CASTLEFORD TIGER
21 Dec 2017
Re: Undervalued? market is wrong. Its that simple.tiger
winningstreak
21 Dec 2017
Undervalued? LPA looks undervalued to me, any reason for the low share price?ws
wastamoney
01 Nov 2017
Trading Update Trading at.record levels, margins improved. Nice.
tejo
04 Oct 2017
Last year we had a trading update on September 27th but nothing , as far as I can see, this year which is of concern. There is so little news about LPA that trading could have been very good or very bad. Does anyone have any knowledge on this, please?
biswell2
12 Sep 2017
Planes and Boats and Trains Recent developments in all of the above are starting to reflect in the SP of LPA risingNew faster rail lines = New Trains and New carriagesHS2 looks like a done deal at long lastNow HS3 for the North is getting talked about , and perhaps stands a good chance of getting the nod from May to signal that England is getting prepared to do battle for its share of the EU cake after Brexiths2Maynard: HS2 will not deliver full potential unless east-west links improved07.09.17Maynard: HS2 will not deliver full potential unless east-west links improvedRail minister Paul Maynard has reiterated that HS2’s full potential will not be fully delivered unless east-west rail links are properly improved as well, despite recent claims that plans for Northern Powerhouse Rail (NRP), or HS3, have gone down the government’s priority list.British shipyards are now making bigger modular ships that can be welded together to make a ship as big as those made in Korea or Japan, orders have and are being placed by the UK Government UK shipyards: Five frigates at centre of new strategy6 September 2017 HMS Queen Elizabeth was built in blocks across six cities before being assembled in RosythA new national shipbuilding strategy intended to benefit UK shipyards is being unveiled by Defence Secretary Sir Michael Fallon.The government plans to buy at least five frigates, and share the work between shipyards around the UK. The first batch of new Type 31e frigates will bolster a depleted Royal Navy fleet, but it is hoped future ships will be bought by foreign navies.It comes as the Ministry of Defence aims to save billions of pounds.The new frigates would be built across different shipyards, but assembled at a central site, and ready for service by 2023.Their cost would be capped at £250m each.
